June $UUP 23-26 Call Spread Up 52% In 20 Days (Net Debit .52 to .79)

To those of you who despise $UUP, I present to you a trader who is up 52% (net debt .52 to .79) so far on a $UUP June $23-26 call spread initiated a couple weeks ago.  At that time UUP held on to 50dma support (22.63) and it closed at 23.40 today, up 3.4%.  The USDX (US Dollar Index) move from December is another story, you can thank Jim Rogers (Jim Rogers Betting On US Dollar Rally, Would Buy Gold At $1000).


Chart courtesy of freestockcharts.com

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